IFLR1000

Lufthansa €500 million 5.125% hybrid bond issue

12/8/2015
Convertible and hybrid securities
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€ 500 million

$ 555.8 million

Completed

12/8/2015

Overview:

  • Deutsche Lufthansa issued a €500 million hybrid bond.
  • The notes have a interest rate of 5.125%. mature in August 2075, and have a first call date in February 2021.
  • The notes were listed on the Luxembourg Stock Exchange.
  • BNP Paribas, Credit Suisse Securities, Deutsche Bank, and HSBC Bank were joint bookrunners and arrangers. 

Ben Naylor - Regional Editor

 

Jurisdictions:

Germany
Luxembourg

Deal type:

Convertible and hybrid securities

Practice area:

Capital markets : Debt

Industry sector:

Aviation

Firms:
Freshfields Bruckhaus Deringer

Party: Deutsche Lufthansa AG (Issuer)

Hengeler Mueller

Party: BNP Paribas (Joint bookrunner, Joint arranger)

Party: Credit Suisse Securities (Joint bookrunner, Joint arranger)

Party: Deutsche Bank AG Na ON (Joint bookrunner, Joint arranger)

Party: HSBC Bank plc (Joint bookrunner, Joint arranger)

Lawyer: Hendrik Haag

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